Canada posts new export record

Wheat exports during the 2017-18 marketing year were pegged at 16.2 million tonnes.
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OTTAWA, ONTARIO, CANADA — Canada posted a new record for exports of its major grains and oilseeds in 2017-18 at 41.9 million tonnes, which compared with 41.6 million tonnes the prior year, according to a report from the Canadian Grain Commission.

The total was well above the five-year average of 39.1 million tonnes, the report said.

Significant increases in wheat and barley exports made up for a decline in canola sales, the Commission said.

Wheat exports during the 2017-18 marketing year were pegged at 16.2 million tonnes, which was up from 14.6 million tonnes in 2016-17. At 1.9 million tonnes, barley exports were about 500,000 above both the 2016-17 level and the five-year average, the report said.

Canadian canola exports in 2017-18 were 10.2 million tonnes, down from the previous year’s 10.9 million tonnes. However, it was still the second largest canola harvest on record.